2017-2018 RRSP/Tax Season Guide and Contribution Deadlines
Please find attached CI Investments 2017-2018 RRSP/Tax Season Guide, Year-End Statement and Tax Receipt Mailing Schedule.
RRSP First 60-Day Processing
The Canada Revenue Agency (CRA) deadline for receipt of first 60-day orders will be midnight (EST) Thursday, March 1, 2018. The processing deadline for orders requesting a 2017 contribution receipt will be 4 p.m. Monday, March 5, 2018.
Also attached is IFIC First 60- Day Processing Best Practices Guide for your reference.
Key Processing Dates:
The same rules apply to in-kind transfers from investment to registered accounts, mutual funds and LSIFs.
January 1, 2018 through Midnight March 1, 2018 (Inclusive) | This is the first 60-days according to the calendar.
Electronic Orders: During the first 60-day period there is no requirement to indicate contribution period. |
12:01am March 2, 2018 through 4 pm March 5, 2018 (Inclusive) | Dealers will be able to designate purchases as ‘first 60-days’, and their designation will be accepted without a letter of indemnity or other special instructions.
Electronic Orders: Wire orders will be designated ‘first 60-days’ if entered as such by the dealer. Dealers are required to indicate contribution period by setting this value to P. (Refer to Fundserv’s current Standards, CntbPd = P.)
Direct and non-wire orders will be designated ‘first 60-days’ on orders as indicated on backup, cheque or application (i.e. all dated within first 60-days, etc.). |
March 6, 2018 and onward | No first 60-day receipts will be issued, except in the Special Circumstances noted below.
Electronic Orders: Fundserv will reject all electronic orders with the “Contribution Period = P”. |
If you require any additional information regarding this notice please contact CI Dealer Relations at 1-800-563-5181, extension 8886 or dealer_relations@ci.com.
Sincerely,
CI Dealer Relations
| Attachment | Size | Type |
|---|---|---|
| 2017-2018 CI External RRSP Guide.pdf | 424.33 KB | application/pdf |
| IFIC 2018 First 60-Day Processing Best Practices Guide (updated).pdf | 175.03 KB | application/pdf |